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announced today that the Company's board of directors has approved the consolidation (the "Consolidation") of the Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares. The Consolidation is being implemented to ensure that the Company continues to comply with the listing requirements of the Nasdaq Global Select Market (the "Nasdaq").
5 cents would be great but I doubt if it will ever go below 15 cents
Believe me I know the dirty garbage CEO , CYN going down to $0.05 maybe next week
Holy cow! Up to 59 cents, then down to 20 cents.
Put out a good PR to triple the price so you can sell, then put another PR the next day after selling. It's legal!
Only on Wall Street can one kill people in broad daylight, and it's legal.
CYN: FUNNY!!! (You are a very CLEVER Fellow, Dude!!!)
CYN: Oh, and THANKS, Boss, for your post here & DD behind this one!!
CYN: (I already read that article on "InvestorsPlace".) Too many FLIPPERS out today, so I dumped my CYN long ago now for a REASONABLE score.
CYN: Let's get ready to, "RUM-BULLLLLLLLLLLLL!!!"
https://www.benzinga.com/markets/equities/23/12/36131383/why-autonomous-technology-company-cyngn-shares-are-skyrocketing-today
Cyngn Granted 17th U.S. Patent for its AI-Powered Autonomous Vehicle Technologies
$CYN .18 now...........sigh..............
Z
Cyngn Secures Four New Patents for its AI-Powered Autonomous Vehicle Technologies
$CYN - To Partner with Motrec, Launch Fleet of AI-Powered Autonomous Tuggers
UP 12% Pre-Market/ Current Price $0.94
BYD and Cyngn Reveal First Footage of AI-Powered Autonomous Forklift
June 15 2023 - 07:00AM
Business Wire
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Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced that they have made significant progress adapting DriveMod to enable autonomous forklifts.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230615055121/en/
Cyngn - BYD Autonomous Forklift (Photo: Business Wire)
Cyngn - BYD Autonomous Forklift (Photo: Business Wire)
The autonomous forklift development effort is spearheaded by Cyngn’s previously announced ongoing paid contract with a separate end-user in the building materials industry. That engagement has yielded AI-powered autonomous vehicle capabilities on an electric BYD forklift.
Cyn is ready $1.40 a\h
We are right here.The clock is going much higher and I'm gonna pump it big time. Get ready Because It's going much higher Thank you.
Same here.
I took profits in CYN, not VTNR,, yet.
I'm loaded in vtnr
Glad I took profits the other day
What did I say see it today weeeeeee
Just reloaded again on this beautiful dip as well! GL. $CYN
Interesting.
The used oil recycling stocks are doing well.
Stopped out added more vtnr diesel refiner in time for summer explosion
Glad I trimmed 90% of this at yesterday's close.
That was a huge one day run.
And I'm gladly loaded
yep, w/ over 31 mil vol. up +500% in < a month.
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Website: cyngn.com
Twitter: twitter.com/cyngn
LinkedIn: https://www.linkedin.com/company/cyngn
YouTube: https://www.youtube.com/@cyngnhq
https://www.prnewswire.com/news-releases/cyngn-scales-up-commercialization-of-autonomous-vehicle-solutions-in-first-quarter-2024-302147277.html
https://www.prnewswire.com/news-releases/cyngn-granted-extension-for-continued-listing-on-nasdaq-302067909.html
https://www.vox.com/2017/10/12/16465168/cyanogen-android-cyngn-autonomous-vehicles
https://www.prnewswire.com/news-releases/cyngn-joins-john-deere-supply-base-302123835.html
https://www.cyngn.com/pr/robotlab-orders-initial-fleet-of-10-drivemod-tuggers-joins-cyngn-distributor-network
https://www.cyngn.com/pr/cyngn-completes-initial-drivemod-tugger-deployment-with-rivian
https://www.cyngn.com/pr/customer-renews-contract-as-cyngns-autonomous-vehicles-yield-4x-efficiency-gain
$10 Million Cash NO DEBT! https://www.prnewswire.com/news-releases/cyngn-reports-first-quarter-2024-financial-results-302138805.html
Recent Operating Highlights:
Joined John Deere supply base.
Completed initial DriveMod Tugger deployment with Rivian.
Received a notice of allowance for a 20th U.S. patent (with 19 U.S. patents granted to-date).
RobotLAB joined the Cyngn Distributor Network.
Released first video footage of AI-powered autonomous DriveMod Tugger by Motrec.
Renewed deployment contract with U.S. Continental, achieving 4x gains in efficiency.
Announced that the next-gen DriveMod Kit will harness Nvidia AI computers.
Financial Performance (Q1 2024):
First quarter revenue was $5.5 thousand compared to $872.8 thousand in Q1 2023.
Revenue in Q1 2024 consisted of EAS software subscriptions from DriveMod Stock chaser vehicle deployments.
Total costs and expenses in Q1 2024 were $6.0 million, down from $6.7 million in Q1 2023.
Decrease in G&A expenses due to personnel cost reduction and savings on general office expenses1.
Growth Prospects: Cyngn aims to grow sales with target customers, including Deere, and streamline customer acquisition costs through advancements in mapping and deployment tools1.
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